Dollar Tree Inc (DLTR): Thomas A Saunders , director of Dollar Tree Inc sold 5,000 shares on Jul 11, 2016. The Insider selling transaction was reported by the company on Jul 12, 2016 to the Securities and Exchange Commission. The shares were sold at $95.50 per share for a total value of $477,500.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 1, 2016, Michael A. Witynski (Chief Operating Officer) sold 4,964 shares at $90.68 per share price.On Jun 1, 2016, Mike R. Matacunas (Chief Administrative Officer) sold 2,974 shares at $90.50 per share price.Also, On Jun 1, 2016, David A. Jacobs (Chief Strategy Officer) sold 3,167 shares at $90.43 per share price.On Jun 1, 2016, Jason S Reiser (Executive VP of Family Dollar) sold 6,586 shares at $90.03 per share price.
Shares of Dollar Tree (DLTR) ended Monday, Jul 11, 2016 session in red amid volatile trading. The shares closed down -0.21 points or -0.22% at $94.87 with 10,82,299 shares getting traded. Post opening the session at $95.18, the shares hit an intraday low of $94.85 and an intraday high of $95.66 and the price vacillated in this range throughout the day. The company has a market cap of $22,358 M and the number of outstanding shares has been calculated to be 23,56,66,100 shares. The 52-week high of Dollar Tree is $96 and the 52-week low is $60.31.
Company has been under the radar of several Street Analysts.Dollar Tree is Reiterated by Telsey Advisory Group to Outperform and the brokerage firm has raised the Price Target to $ 102 from a previous price target of $95 .The Rating was issued on May 27, 2016.Dollar Tree is Reiterated by RBC Capital Mkts to Top Pick and the brokerage firm has raised the Price Target to $ 101 from a previous price target of $94 .The Rating was issued on May 27, 2016.Dollar Tree is Initiated by Topeka Capital Markets to Buy and the brokerage firm has set the Price Target at $105. The Rating was issued on May 24, 2016.
Dollar Tree Inc. (Dollar Tree) is an operator of discount variety stores offering merchandise at the fixed price of $ 1.00. The Company offers a selection of everyday basic products and also supplements these basic everyday items with seasonal closeout and promotional merchandise. As of July 06 2015 the Company operated more than 13600 stores across 48 states and five Canadian provinces. Its stores operate under the brands of Dollar Tree Dollar Tree Canada Deals and Family Dollar. Dollar Tree’s consumable merchandise includes candy and food health and beauty care and everyday consumables such as paper and chemicals and in select stores frozen and refrigerated food. The Company’s variety merchandise includes toys durable housewares gifts party goods greeting cards softlines and other items. Its seasonal goods include Valentine’s Day Easter Halloween and Christmas merchandise.